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20121106
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CNBC
Nov 5, 2012 7:00pm EST
, polls close early, 13 electoral votes, 48/47, president obama on top. state of florida, two-point lead for president obama. the state of ohio, most people have seen as the hinge point of this election, president obama's up 51/45. let's look at where the battleground states stand. if you average polls taken on the real clear politics website, of the nine battle ground states romney is only leading in the average of those polls in the two of them, north carolina and florida. the other states, president obama's got a lead. i'm talking about iowa, colorado, new hampshire, ohio, nevada, all states where president obama's doing very well. at least as competitive with romney. if mitt romney wins the states in his base, plus the two where he's leading, he only gets to 235 electoral votes, he needs many more to get elected. president obama would have many more, 303. so what mitt romney's got to do is figure a way to take some of those states away from the president. virginia, florida, ohio, colorado, iowa. that's where the election's going to be decided. mitt romney easily got a hill to climb t
CNBC
Nov 6, 2012 1:00pm EST
legion and get to 270 electoral votes? give mitt romney florida, virginia, north carolina, colorado. his shortest path is to win those states. he would win a majority of the nine swing states and that gets him to 275, 263 for barack obama. he also needs for that scenario to win the state of ohio. tyler mentioned the cleveland airport today. what -- now, let's go back to this map again, put the swing states again in yellow and say, what is barack obama's shortest path? he just needs to win three of the nine swing states, those three, wisconsin, paul ryan's home state, ohio, the state we have just been talking about and also nevada, big harry reid's home state, the senate leader, big union vote, big hispanic vote there. if he gets those three things, barack obama gets to 271 electoral votes and wins, tyler. >> but not any three of those nine states? >> specifically those three. >> specifically those three. say it again, ohio, nevada -- >> ohio, wisconsin, nevada. if barack obama gets those three, can win every other swing state -- >> do the polls tell us that he is ahead in those three? >>
CNBC
Nov 6, 2012 5:00pm EST
thompson is in the state of florida. philip lebeau is spending the night in chicago. the crowd beginning to galtther there. and hampton pearson in boston. and we have cool technological tricks. michelle caruso-cabrera is monitoring the exit poll and sharing important issues. plus the balance of power on capitol hill. and social media has played a huge role in this campaign season so it is sure to be a popular place tonight. you can join the conversation and tweet us, follow our coverage on twitter. this is just the beginning of our coverage tonight. >> it will be big. we have a great lineup of guests tonight including iowa governor terry branstad and chairman and national bureau of economic research president marty feldstein. and then we have former chairman and obama fundraiser robert wolf. later former new jersey governor. and then we have jim cramer with his take on tonight's election and ask what the results mean for various sectors and find out how he thinks you should be positioning your portfolio. >> we all understand the national polls would show obama and romney in a virtual dea
CNBC
Nov 6, 2012 4:00am EST
later in the program. >> ohio, colorado, florida, those are the three, i think. >> i bet a lot of global investors are googling the u.s. state map this morning. >>> there is a plan known as the fiscal cliff and automatically triggered $600 billion of tax hikes and spending cuts which would send the u.s. into a recession. >> in this animation, eamon javers has explained the fiscal cliff and gives a couple scenarios for avoiding it. >> the u.s. is barreling towards the fiscal cliff, that's when come on on 2013, mandatory budget cuts and tax increases kick into reduce the deficit by $560 billion. the map drawn by congress leads to automatic cuts next year of $27 billion each in defense and nondefense spending and another $12 billion in cuts to medicare. but here's what lowers the deficit most. higher taxes. all the bush tax cuts go away and a 2% payroll tax comes back. all this coming at once would put the economy in a recession. congress and the president could still take an off-ramp and avoid the cliff, but that would mean tough compromises to raise taxes or lower spending. the other alte
CNBC
Nov 6, 2012 6:00am EST
projected off to the northeast of minneapolis. we'll take you a little bit further south, of course florida one of our swing states. and getting messier by the minute across sections of north florida and you can clearly see that that rainfall will make impacts for many of you across sections of the southeast including georgia and into the carolinas. some showery weather also for those of you in the northwest. in terms of tracking the storm system, the nor'easter that we've been talking about, this has clearly been on everyone's mind and we know how important it is to folks who want to get the latest details. once that storm system which is bringing the rain that we just showed you across the southeast begins to lift upward, we are anticipating those impacts to begin wednesday into thursday. and then thursday into thursday night, we will see some wet and wintry weather continuing, but the latest model runs are trending the system a little bit further offshore. back to you. >> thanks, danielle. it is now a sprint to the white house this morning. investors are waiting for a level of uncertaint
CNBC
Nov 6, 2012 9:00am EST
and maybe florida depends on the poll. i urge everyone to go out and vote in new jersey. very difficult. largest polling place in our town closed. no power. people have to recognize that the adversity of a lot of people trying to vote today shows you that democracy is trying to be at work. not as easy as you thought. >> i have always said voting is messy. we do it better than just about anybody else. >> north korea has the 99%. everybody seems to turn out. >> regardless of whether the lights or off or not. >> another call today from deutsche bank saying that there's a rally if obama wins and a rally if romney wins going into year end. depends if you look at 1450 or 1500. >> some have said there's a bond market rally for one and stock market rally for other. bond market for obama. easy money so to speak continuing. one of the key questions people come back to is it possible if romney wins and replace him prior to that in some fashion. what we can expect. we'll sit here tomorrow and know who the president is. you talk about uncertainty. that would be a blow if we sit here tomorrow and don
CNBC
Nov 6, 2012 12:00pm EST
. give everything else to mitt romney. florida, nu/"carolina, virginia, iowa, colorado, nevada -- which is tough for romney. we get to 269-269. then it goes to congress. the house of representatives picks the president. we have a republican house and will have one after this election. that means mitt romney assuming no elector defects to one side or the other. the house of representatives would elect mitt romney president. but the senate elects the vice president. that means joe biden could serve with mitt romney. crazy and i don't expect it to happen. but not beyond the realm of possibility. >> you have biden in cleveland, romney there, too. is that a lack of confidence in ohio? >> i think that suggests a determination not to relax on the final day. the president will do media interviews from home in chicago. mitt romney is out on the stump. i think so is paul ryan for that matter. joe biden is ensuring the democrats aren't leaving anything set in ohio unanswered. >> john, thanks so much. going to be a long night. we'll look forward to your reports throughout the evening. history shows
CNBC
Nov 6, 2012 3:00pm EST
? former new york governor george ptatki will join us on that. >> as we go to the break, people in florida waiting in long lines to cast their vote in what is always an important swing state. we're back after this. i'm a conservative investor. i invest in what i know. i turned 65 last week. i'm getting married. planning a life. there are risks, sure. but, there's no reward without it. i want to be prepared for the long haul. i see a world bursting with opportunities. india, china, brazil, ishares, small-caps, large-caps, ishares. industrials. low cost. every dollar counts. ishares. income. dividends. bonds. i like bonds. ishares. commodities. diversification. choices. my own ideas. ishares. i want to use the same stuff the big guys use. ishares. 9 out of 10 large, professional investors choose ishares for their etfs. introducing the ishares core, etfs for the heart of your portfolio. tax efficient and low cost building blocks to help you keep more of what you earn. call your advisor. visit ishares.com. ishares. yeah, ishares. ishares by blackrock. call 1-800-ishares for a prospectus which
Search Results 0 to 7 of about 8